Alibaba.com continues to add capabilities to its supply chain services which not only bring buyers and sellers together, but also help them to executing transactions.

Alibaba.com has confirmed its agreement to acquire Shenzhen-based export services provider One-Touch. This is Alibaba.com’s third acquisition this year. Financial terms of the deal were not disclosed. One-Touch offers Chinese exporters services including: customs clearance, logistics, cargo insurance, currency exchange, tax refund, and financing and certification. One-Touch’s services will reportedly be available through Alibaba.com’s new China Gold Supplier 2011 edition package.

Also from Alibaba.com this week, the company has reportedly signed an agreement with London-based quality and safety solutions provider Intertek. Financial terms of the agreement were not disclosed.  Under the working agreement, Intertek will make comprehensive assessments of suppliers listed on Alibaba.com. The third party certification will include the number of staff in a company, production capability, trading potential and future product and service development.   Source:  Alibaba Press Release

BIIA Newsletter November II – 2010 Issue